empty
 
 
pk
سپورٹ
فوری اکاونٹ کھولیں
تجارتی پلیٹ فارم
رقم جمع کروانا / نکلوانا

28.11.202319:12 Forex Analysis & Reviews: November 28, 2023 : GBP/USD Intraday technical analysis and significant key-levels.

Exchange Rates 28.11.2023 analysis

In July 2023, the GBP/USD pair faced a strong resistance level near 1.3100 and started a fresh bearish movement.

Price pursued towards the price level of 1.2700 then 1.2600 support levels where the pair showed some indecision in a tight range before it could extend its decline towards the depicted price zone around 1.2060-1.2100.

A break below 1.2100 level could open the doors for more losses towards 1.1850. However, significant bullish demand has existed upon each time the market visits this price zone of 1.2060-1.2100.

On the other hand, the current bullish movement will be facing a strong challenge around the price zone of 1.2750-1.2800 where a previous consolidation range was established.

That's why, Price action should be watched cautiously for low-risk highreward bearish opportunity anywhere around 1.2800. Exit levels should be placed above 1.2890 with initial target level projected towards 1.2500.

*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.